Yorktown, N.Y. — G.S. Wilcox & Co. has secured $25.2 million in financing for the site development of a future Lowe’s Home Improvement Warehouse, which has a 20-year ground lease, in Yorktown.
Miami — Aztec Group Inc. has arranged a $24.5 million loan for the acquisition of Old Cutler Town Center, a 106,500-square-foot shopping center in Miami.
Tampa, Fla. — Marcus & Millichap has arranged the $11.8 million sale of Shoppes of South Dale, a newly constructed, 34,100-square-foot retail property in Tampa.
La Marque, Texas — Capital Retail Properties has broken ground on La Marque Crossing, a 15,000-square-foot retail strip center located in La Marque, 38 miles southeast of Houston.
Chicago — Inland Real Estate Acquisitions LLC has closed on the purchase of four retail properties occupied by Jewel-Osco in suburban Chicago.
Clifton Park, New York — Axoim Capital Corp. has hired John Freedman as managing director.
Oceanside, Calif. — Quarry Creek Investors has sold Quarry Creek Plaza, a retail center in Oceanside.
Hoffman Estates, Ill. And Cincinnati — Sears Holdings Corp. has announced that 64 Kmart stores and 39 Sears stores will close nationwide between March and early April of this year.
Seattle — Regency Centers Corp. has acquired Roosevelt Square, a 150,000-square-foot, multi-level shopping center in Seattle.
Hagerstown, Md. — PREIT has signed two experiential retail tenants to Valley Mall in Hagerstown, a city in northern Maryland.